Microsoft Stock Gets Another Upgrade as Analysts See Room for Growth
Microsoft stock has received another upgrade and price-target hike from analysts.
The latest upgrade comes from KeyBanc Capital Markets, which raised its rating on Microsoft to Overweight from Neutral. The firm also increased its price target for the tech giant's shares from $350 to $400.
This is not the first time Microsoft has received a positive update from analysts in recent weeks. In May, it was upgraded by several firms, including Wedbush Securities and UBS, which both raised their price targets for the company's stock.